Nel ASA – Mandatory notification of trade by primary insider

(Oslo, 18 February 2022) Jon André Løkke, CEO of Nel ASA (“Nel”) has today sold 1,000,000 shares in Nel at an average price of NOK 12.8643 per share. After the transaction, Mr. Løkke holds 1,000,000 shares in Nel.

This information is subject to the disclosure requirements in articles 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.